New Product Launches

Bajaj General Insurance Limited has launched My Health Care Plan Edge+, a new health indemnity product designed to offer flexible and higher medical protection amid rising healthcare expenses.

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Bajaj General Launches MHCP EDGE+ Health Plan

The plan provides sum insured options from Rs. 5 lakh to Rs. 5 crore and is available for both individual and family floater customers.

The product has been developed as an enhanced version of the insurer's existing My Health Care Plan offering. It combines core hospitalisation cover with optional add-ons and riders, allowing customers to customise protection according to their healthcare needs, life stage and affordability.

The base policy covers hospitalisation expenses, room rent, ICU charges, surgeries, modern treatment methods, AYUSH treatment, day care procedures, domiciliary hospitalisation, organ donor expenses, emergency ambulance services and pre and post-hospitalisation costs. It also offers unlimited reinstatement of the sum insured within the policy year, helping policyholders maintain protection even after multiple claims.

A key feature of the plan is its modular structure. Customers can choose riders such as Consumables Plus, Super Cumulative Bonus, Major Illness and Accident Multiplier, Health Prime, Global Cover, Health Limitless, Age Shield and Smart Tenure. Age Shield allows customers to lock premium at the entry age until a claim is made, while Smart Tenure enables the policyholder to pool the total sum insured across the policy tenure and use it flexibly, including from the first year.

The plan also supports global treatment options, wellness and preventive care benefits, teleconsultations, diagnostic services and lifestyle support through optional riders. MHCP EDGE+ offers lifetime renewability, policy tenure of up to five years and coverage from as early as three months of age. The insurer said the product aims to make health insurance more adaptable, transparent and aligned with real healthcare needs.

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